The Align Technology Inc (ALGN) share price is expected to decrease by 6.3% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered ALGN. Price targets range from $215.00 at the low end to $340.00 at the high end. The current analyst consensus for ALGN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assignedALGN 5 buy ratings, 1 hold ratings, and 2 sell ratings. This means that analysts expect Align Technology Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ALGN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
jason bednar Piper Sandler | Buy | $335.0 | rated | Feb 16, 2024 |
elizabeth anderson cfa Evercore ISI | Buy | $340.0 | maintained | Feb 1, 2024 |
nathan rich Goldman Sachs | Sell | $225.0 | maintained | Feb 1, 2024 |
jeff johnson Robert W. Baird | Buy | $333.0 | maintained | Feb 1, 2024 |
jonathan block Stifel Nicolaus | Buy | $340.0 | maintained | Feb 1, 2024 |
brandon couillard Jefferies | Buy | $325.0 | maintained | Feb 1, 2024 |
michael ryskin Bank of America Securities | Sell | $215.0 | reiterated | Jan 31, 2024 |
kevin caliendo UBS | Hold | $260.0 | maintained | Jan 30, 2024 |
erin wright Morgan Stanley | Buy | $378.0 | maintained | Oct 26, 2023 |
robert jones Goldman Sachs | Hold | $393.0 | maintained | Jul 27, 2023 |
chris cooley Stephens | Buy | $375.0 | maintained | Jul 28, 2022 |
matt miksic Credit Suisse | Buy | $418.0 | maintained | May 4, 2022 |
ravi misra Berenberg Bank | Hold | None | rated | Dec 13, 2021 |
richard newitter Truist Financial | Buy | $770.0 | rated | Jul 28, 2021 |
julien ouaddour BNP Paribas | Buy | $790.0 | initiatedcoverage | Jul 8, 2021 |
steven valiquette Barclays | Hold | $555.0 | maintained | Feb 4, 2021 |
heath terry Goldman Sachs | Hold | None | downgraded | Oct 21, 2020 |
matthew o'brien Piper Sandler | Buy | $345.0 | maintained | Jul 23, 2020 |
david keiser Northcoast Research | Buy | $299.0 | reiterated | Oct 23, 2019 |
glen santangelo Jefferies | Hold | $200.0 | downgraded | Oct 7, 2019 |
Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.
When did it IPO
2001
Staff Count
22,680
Country
United States
Sector/Industry
Healthcare/Medical Devices
CEO
Mr. Joseph M. Hogan
Market Cap
$23.33B
In 2023, ALGN generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ALGN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
FITB-USD
$33.49
ILMN-USD
$140.05
EBAY-USD
$43.8
$199.73
$1523.19
PTC-USD
$178.19